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until a assessor is confirmed. he served as an advocate for president obama spending increases on highways, bridges and transport facilities. it continues. i will be curious to see who takes that spot. it will be tough with the challenges ahead. credit card users bracing for a new swipe fee. we will tell you why small businesses may be the biggest loser on this one. melissa: lou dobbs coming up as president obama gets set to pitch his immigration plan. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protec
, it's more than what obama spent. >> i think we can do it if we stop spending a lot of money on wars. >> taxing people that have a lot of money is not unfair. we don't need people to be as rich as they really are. john: for the record, bush did spend an astounding $3 trillion per year, but obama spent 3.8 trillion per year so far, and that is adjusted for inflation. so obama spent 25% more. but they don't believe that. they think it's all bush's fault. >> it's a special kind of kool-aid, it is half worship ms. with dilution -- mixed with dilution. look at the threats that are happening in this country? john: i hope we would learn from what happened in greece. but as of this week, no longer do because the reaction of people in greece is not to say we messed up, we spend too much, it is to be angry about the politicians who want to cut back. and how do they take it out, they bombed the homes of tv commentators who support this. so that is a model for us? >> unfortunately that is the road we are headed down. i live in california and we see it coming faster. we shouldn't be that close to
's taxpayer money. we will never see again. because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be style over substance because the president's achievements have been few. obama care is the law. we all know that. but corporations like boston scientific are laying off some workers. largely because of the cost they will incur for obama care health insurance. if that trend takes hold, we're all in big trouble. so we are living in a very interesting time. we have a popular president, a bad economy, and everybody paying more in taxes. simply doesn't add up. pardon the pun. and that's the memo. now for the top story tonight, an opposing point of view. with us one of the 8 a
a year. you have $1,000 less to spend in 2013. a household with two workers will average about $4,500 less in their paychecks. finally job growth sluggish, unemployment likely to remain around 8%. again, it's according to the associated press. president obama has spent approximately $5 trillion trying to stimulate the economy. that's taxpayer money. we will never see again. because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be style over substance because the president's achievements have been few. obama care is the law. we all know that. but corporations like boston scientific are laying off some workers. largely because of the cost they will incur for o
of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though, for real reform, the president needs congress to pass new laws, and that's where the real political heavy lifting comes in. to do that political heavy lifting, the white house announced a new political strategy, or at least a new political tactic to try to get this done. the 2012 obama/biden reelection campaign would morph itself into an advocacy group, a powerful democratic grassroots activism machine. the old campaign would transfer to this new group its vast database of information about obama supporters, about voters. and then the new group would mobilize supporters to mobilize the president's agenda now, t
of proportion. tonight, both sides from the chief political correspondent carl cameron. >> president obama reportedly said that america doesn't have a spending problem. we know that is not accurate. >> that is the senate's top republican referring to the president's assertion the u.s. does not have a spending problem on the federal debt crisis quoted by house speaker boehner at recent "wall street journal" op-ed. otherring eagerly embrace the sentment and vowed to oppose the discretionary spending cuts, arguing that the debt crisis if spending's role are overhyped on fox news. >> i am not going to keep cutting the discretionary budget which by the way is not out of control. despite what you hear on fox news. >> he said limited if any entitlement reform and intensifying opposition to additional discretionary spending discipline. >> the american people still believe by overwhelming margin that the rich should contribute to this. they believe discretionary spending has been hit hard already. >> for the record, the government accountability office issued a report saying the structural imbalanc
about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to agree with you. nothing that's abroad when look at things. creating enough small ads, small discussions with the american public to make it work, but they have to be very disciplined and do it. the problem, they have multiple taxes. shooting at the leaders command is very difficult. a very difficult position. lou: in a overcome the leaders? >> other people coming at them? i think that leaders worked their way up the system. newt gingrich as an example. over a decade, building the party committing candidates elected committed not just come in one day -- lou: he was the savior and he blew the party up in '96. he is probably the worst
't really spend on campaigning in those areas. last fall you cannot turn on the tv in virginia without seeing ads. especially when the -- especially when the obama ads were better than the romney ads. it was weird when you go to visit people in new york or los angeles. they are not actually experiencing the campaign. if you went to a congressional district, then you would go fight in california, because republicans could win 20 out the hobbi54. i'm normally reluctant to tamper with these long standing institutions and practices, but there might be case in this instance for at least. thinking least. host: your comments on speaker boehner, a first one to go to danny joining us on the democratic line. good morning. caller: hello. you put harry reid on the cover. if you look up the words chicken hawk and neocon, there's a picture of bill kristol. the only people who were surprised that president obama won the election were fox news viewers. host: thanks for the call. guest: i was not surprised. i thought romney had a chance, and he was all a little short at the end. if the viewer does not
with the fiscal cliff deal. they're hoping to extract spending cuts from president obama. if not that fight, then in the next debt ceiling fight the next debt ceiling fight. the demand nor spending cuts isn't going to go anywhere. >> bill: barney frank, he would be fired up, ready to go. he knows she is issues. he knows the fiscal issues better than anybody else. >> deval patrick said he would be happy to have him. he didn't endorse it per se but he expressed sort of opens to the idea. >> wouldn't be a big learning curve for barney. >> bill: no, not at all. i think it would be very tough for governor patrick not to appoint him. i mean who else could step in and have all of the information and all of the experience you need to really fight for the people. >> i was going to say -- >> bill: now, of course, so is it is sort of a relief the fiscal issues are out of the way and we can talk about something else like maybe immigration reform. very unusual to see these days eight senators, four from each party, agree on anything, correct? >> it is. >> bill: you cover the congress. you're there. >> i
goes up by a trillion a year. the white house says the republicans are to blame, spending cuts are to blame. super storm sandy is to blame. excuses. the numbers are what they are. the economy is sinking. president obama's policies seem to be failing. his approval rating is at a three year high. arnie and company about to begin. aving triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. stuart: illinois is going broke. good morning, "varney &
and connecticut. the 36 republicans who voted against it wanted $50 billion in spending cuts somewhere else to keep from this bill adding to the national debt. president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm watching your money. wall street will be watching at the federal reserve begins a two-day meeting here in d.c. at the fed's previous meeting, policymakers promised to keep interest rates near record lows till the unemployment rate falls below 6.5%. it's currently at 7.8%. unfriday the government is scheduled to release the january unemployment report. >>> yahoo reported profits and sales which beat wall street estimates. this is the first quarter under the c.e.o. ma
. madam president, the american people are asking when are we going to turn to the spending side of the equation. president obama talked all through the campaign of balance. well, we've had the tax increases. now we're having the debt increases. when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his deb
income, and spending is obvious because a surreal driver of our deficits and our debt. spending is the reason that we're up against the $16.2 trillion debt limit. spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-se
. a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a moment ago, we'll be joined by one of the democrat senators who signed that letter to president obama urging approval of the keystone pipeline. he will be here ten past ten eastern this morning, this program. to the big board, close to an all-time record high. the dow is now at 13,834 #, up 55 points. to nicole, apple's numbers disappoint, and, boy, is that stock taking a downturn, go. >> oh, big time, down almost 10% right now at $463. out all the people who paid $700 for apple with high hopes of the iphone 5 and apple tv and the next latest product to see it disappoint. >> the soft story of the da
of it is spending on those of the highest levels spend a smaller percentage of their income to live and have the advantage of a tax system created for this advantage. during the debates with romney and obama, he mentioned that they were going to be just fine because obama was the champion of the koran the middle class and romney is the champion of the upper class. those investors are going to save the country. the point made by obama is that they were going to be just fine. i guess, where the way the tax structure have set up, they can get down to 10% because they can get tax is done because of corporations and the whole ball of wax. the other taxes considered by patrick included a gas tax and a toll increase on the pike. insurance pay the tolls and pay the gap. the rich people and the higher- income people will not be paying this tax at the same percentage. host: let's take a look at some of the details you hinted that. the associated press says he wants to hide to the income-tax from 5.25% up to 6.25% while eliminating itemize deductions. he is calling for reducing the sales tax from 6.25%
covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >> the obama administration likes to say they're doing everything they can to keep spending down. right? >> we're consolidating programs that are duplicative. how can we eliminate additional waste? >> we also wanted to protect against any and all cases of waste, fraud and abuse. >>brian: a new study indicates that despite their intentions, big government is still wasting millions and possibly billions of dollars in duplicate funding for research. stuart varney is here. the economy is not growing. we expected something different because the jobs numbers look pretty good. >>steve: our economy at the moment is contracting, and that's -- look, a whole bunch of excuses as to why this is happening. years ago it was the tsunami. that's what's hurting. then it was the wicked europeans. then it was those wicked republicans. now of course it's president bush all over again. or sanding or lower defense spending. there's always an excuse. the fact is we've spent an enormous amount of money -- trillions of dollars -- building up o
two years should be to deny president obama a second term. but the fact is, if our primary legislative goals are to repeal and replace the health spending bill, to end the bailouts, cut spending and shrink the size and scope of government, the only way to do all of those things is to put someone in the white house who won't veto any of these things. >> after that, democrats worried republicans were trying to annihilate the democratic party, in part by trying to destroy unions, the most vivid example of that, wisconsin. the republican governor successfully pushed a bill that stripped collective bargaining rights for most public unions. ohio and michigan followed scott walker's lead with mixed success. and now it seems the tables have turned. now if you believe boehner, the democrats want to annihilate the gop. so the talkback question for you, do you agree with boehner? will obama try to annihilate the republican party? facebook.com/carolcnn, or tweet me @carolcnn. i'll be right back. neutrogena® rapid wrinkle repair has the fastest retinol formula. to visibly reduce fine lines and wri
obama administrationmented to fore stall that. they have to take place march 1st. that's the agreement made. we spend too much money. we do not have a revenue problem. stuart: $100 billion cut, march first, military and health spending, cut it, and you say do it. all right. congressman, republican, tennessee, thank you very much for joining us. >> thank you. stuart: buy season tickets to the favorite team, and if the team sinks or stinking, you get some of your money back. maybe the new york gelts should take note. the owner of the team offering that discount. there is a team owner who is offering discount to season ticket holders, and he's next. ]s joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's ju
-building here at home, something that not just candidate obama, but also candidate romney, agreed about. we are looking at unprecedented cuts in spending on national security. we are looking at the prospect of drawing down from afghanistan. we are looking at a lot of changes. not just here in the united states, but in the world. one of the questions i know that we have is whether we are ready for the exchanges. i suspect that most of us believe we are not. tom, make -- maybe you could start as out and talk about the sequestration that paul ryan told us this weekend is going to happen. >> it is a prediction that at this point seems like a certainty, but i would argue it has been a near certainty once beat sequestration provision was written into the budget control act. i will talk a bit about sequestration per se, but i would regard it as a symptom and not the disease itself. the disease itself is erosion to the point of vanishing, almost, of the bipartisan political consensus for military string, for peace through strength, as people used to say. that is really something that over the cours
they didn't know. >> it is just the beginning there elements of obama care that have not yet been put into effect. we will spend the next year or two or five or ten allergic what's in this massive piece of legislation. it's going to be like christmas. >> go to ff weekend on twitter and let us know how you feel he about that story. also this story. remember this teacher down in south carolina? he in his classroom there in an effort to show how incredible freedom in this country is, and freedom of speech, ripped an american flag off of the wall in one ever american classments on three different occasions and stomped on it to show his class, he says is an educational exercise that this is freedom of speech. this is why america is free because we are able to express ourselves in this way without being thrown in prison. he was fired for that. now he wants his job back. >> it sounds like, i mean, well, let me get the other side. it sounds like first during this lesson he spoke glowingly of the united states and of the freedoms and privileges we have here. is he not known as anti-american te
, obama's clinton role agenda calling it liberal. >> the president wants to be a transformational president not by moving to the center but by pushing an agenda that involves higher taxes, more spending on social programs and no cuts in entitlements. we have problems with the debt, deficit, and entitlements and unless we take them on we do the country a disservice. >> it is like "i gotcha" and here is the real thing. bigger government and more taxes. what was interesting about the speech, it was so uncompromising in the sense there was no discussion whatever about the economy. i heard nothing about the economy or nothing about debt or the fact this country is going broke, it was about expanding government. as doug said, it, in an effort to move left, the reality of the times is going to fit in but he has made his hard play. that is what it was. >>gregg: americans want the deficit to be addressed but without medicare cuts. look poll, 58 percent, no cuts. what tour make of this? >> and 89 percent of the people do not want to change anything to do with medicare. the speech that he ma
, i met a retired autoworker who was spending his newfound r and r time coming into the local ofa office every single day. he knew president obama had fought for him and for so many other hard working americans by rescuing the automobile industry, and he wanted to be sure that he return ored the favor. in every corner of the country from sarasota to milwaukee, from seattle to cincinnati, i met so many truly amazing individuals who were proud to come up to me and say they were casting the first vote of their lives, and it was a vote for president obama. it became clear that for so many people and in so many different ways this election was personal. and it was personal for me too both as a mom raising three kids and as a breast cancer survivor. because we succeeded in reelecting our president, millions of americans across the country will no longer be denied coverage because of their pre-existing conditions. [cheers and applause] never again. and that is very personal for all the people whose lives will be saved because they will be able to have health insurance to fight future ill
-- i've said it time and time again -- on taxes. on cutting spending. on saving entitlements. on saving america from this crushing national debt. it grew $6 trillion under barack obama over the past term. and try to avoid some of these other issues. but i hear bobby jindal's new federalism on crack talking about cutting federal employees by three-quarters, et cetera, et cetera. that ain't going to happen. with the changing demographics and where america is and where it's going over the next 20 every 30 years. >> that's the issue. if you separate it, i think the first part not being the stupid party anymore is sort of a no-brainer. why would you go around insulting important interest groups. >> women. >> yeah, the 47%, all that stuff. but then you get to his policy proposals, and i don't think he's in the mainstream of this country when you talk about 25% of the government buildings, cutting employees. you know, every poll, joe, as you know, even of republicans say people want these services. they just don't want to pay as much taxes. they want to have the spending disciplined. but i don
to represent american national security and keep the peace. and i worry that president obama has picked senator hagel because really the defense department is the only part of the government that he seems to be willing to cut. he's not really interested in reining in spending in almost any other area except national security. he said the sequester, which is the $1.2 trillion in cuts that are scheduled to go in effect, which disproportion athlete affect defense spending, the president said during the campaign, ain't going to happen of the well, it's going to happen. it's going to happen here in about six weeks. >> steve: before you go, something that looks like will happen is it looks like it's bipartisan plan to reform immigration. what do you think? >> i hope so. we'll hear from the president this week, but it really requires presidential leadership, like so many of these issues, because it's easy for people to sort of get off in their corner and argue their particular agenda. but it's hard to come together on big complex -- >> steve: so it's up to the president? >> it's up to all of us, but t
you in this new role as president obama's nominee as secretary of state. but my approach to this role, if confirmed, is deeply informed but the 28-plus years i've been privileged to spend in the senate. that perspective will remain with me if confirmed as secretary, and i'm already excited by the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i am particularly aware that in many ways, the greatest challenge to america's foreign policy will be in your hands, not mine. while it is often said that we cannot be strong at home if we are not strong in the world, these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we cannot be strong in the world unless we are strong at home. the first priority of business, which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first priority will be that america at last put its ow
Search Results 0 to 40 of about 41 (some duplicates have been removed)